Archive for May, 2009
How to Follow Oil Prices
Most people who follow the markets understand how stock markets work. In most cases, traders try to predict the future and buy and sell shares of corporations depending upon economic conditions. Most people hope the value of their stock will rise and then sell when they think the price will drop. Some investors use other techniques such as “shorting” stocks, where money is made when stock prices drop.
But, for the most part, stock markets are easy to understand. Unfortunately, trading on NYMEX is a bit more complicated.
Read More »Biodiesel Heating Oil
Heating oil customers have the option to buy a biofuel blend, which includes fuel sourced from sustainable resources, and petroleum. Though 100% pure, renewable biodiesel fuel is already out there, the large-scale production needed to replace No. 2 heating oil is nowhere near ready. But in the past several years, immense progress has rendered the concept feasible.
Read More »New Climate Bill Includes Boost for Heating Oil Assistance
Legislation to regulate emission of greenhouse gases made its debut yesterday, the Washington Post reported. The 932-page bill included hundreds of conditions aimed at garnering wide-ranging support for the bill from American industry, environmental groups, and everyone in between.
The central provision in the bill is the creation of a cap-and-trade system, under which greenhouse gas [...]
Obama’s First 100 Days: An Energy Report Card
by Carol Sonenklar
President Obama reiterated his energy policy and goals on Earth Day, in a speech in Newton, Iowa. On the heels of the Administration’s 100th-day-in-office mark, we wanted to see what progress was being made on achieving these goals.
So how’s he doing?
Pretty well, by any measure. Here’s a list of the Administration’s key [...]
